Govt mulls to explore PPP model for mining exploration
Piyush Goyal, Minister of State (Independent Charge) of Power, Coal, New and Renewable Energy and Mines, underlined the need to step up mineral exploration in the country that is currently constrained due to lack of private sector participation (PPP) in the activity. Read more
Solar power displacing coal in India: World Bank
The World Bank has noted that the solar power in India is gradually displacing coal as an energy source. Read more
GVK completes sale of its 10% residual stake in Bangalore Airport to Fairfax India
GVK Power and Infrastructure Ltd has announced the successful completion of the sale of its residual stake of 10% in Bangalore International Airport Limited (“BIAL”), held through its subsidiary, Bangalore Airport Infrastructure Developers Private Limited, (“BAIDPL”) to Fairfax India Holdings Corporation (“Fairfax India”) for a consideration of Rs 1,290 Crore (approximately USD 200 million). Read more
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